10AM.DE vs. XZWG.DE
10AM.DE (AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist) and XZWG.DE (Xtrackers II ESG Global Government Bond UCITS ETF) are both Global Bonds funds - 10AM.DE tracks the Bloomberg Global Aggregate Bond while XZWG.DE tracks the Bloomberg Global Aggregate TR Hdg EUR. Both are passively managed. Over the past 3 years, 10AM.DE returned 0.46%/yr vs -0.15%/yr for XZWG.DE. Their correlation of 0.82 suggests significant overlap in exposure. 10AM.DE charges 0.10%/yr vs 0.20%/yr for XZWG.DE.
Performance
10AM.DE vs. XZWG.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 10AM.DE achieves a 1.19% return, which is significantly higher than XZWG.DE's 0.27% return.
10AM.DE
- 1D
- 0.00%
- 1M
- 0.60%
- YTD
- 1.19%
- 6M
- 0.63%
- 1Y
- 0.64%
- 3Y*
- 0.46%
- 5Y*
- -0.92%
- 10Y*
- —
XZWG.DE
- 1D
- 0.08%
- 1M
- 0.23%
- YTD
- 0.27%
- 6M
- -0.11%
- 1Y
- -1.04%
- 3Y*
- -0.15%
- 5Y*
- —
- 10Y*
- —
10AM.DE vs. XZWG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
10AM.DE AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist | 1.19% | -4.14% | 4.16% | 1.34% | -10.85% | -1.17% |
XZWG.DE Xtrackers II ESG Global Government Bond UCITS ETF | 0.27% | -4.17% | 1.51% | 2.50% | -16.73% | -1.34% |
Correlation
The correlation between 10AM.DE and XZWG.DE is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021 | 0.82 |
The correlation between 10AM.DE and XZWG.DE has been stable across timeframes, ranging from 0.82 to 0.84 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
10AM.DE vs. XZWG.DE — Risk / Return Rank
10AM.DE
XZWG.DE
10AM.DE vs. XZWG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist (10AM.DE) and Xtrackers II ESG Global Government Bond UCITS ETF (XZWG.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| 10AM.DE | XZWG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.95 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.22 | -0.51 | +0.73 |
| Martin ratioReturn relative to average drawdown | 0.47 | -0.97 | +1.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 10AM.DE | XZWG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | -0.35 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | -0.64 | +0.79 |
Drawdowns
10AM.DE vs. XZWG.DE - Drawdown Comparison
The maximum 10AM.DE drawdown since its inception was -15.83%, smaller than the maximum XZWG.DE drawdown of -20.85%. Use the drawdown chart below to compare losses from any high point for 10AM.DE and XZWG.DE.
Loading charts...
Drawdown Indicators
| 10AM.DE | XZWG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.83% | -20.85% | +5.02% |
Max Drawdown (1Y)Largest decline over 1 year | -2.34% | -2.66% | +0.32% |
Max Drawdown (3Y)Largest decline over 3 years | -7.63% | -7.10% | -0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -14.80% | — | — |
Current DrawdownCurrent decline from peak | -11.01% | -17.96% | +6.95% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -15.29% | +8.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | 1.41% | -0.33% |
Volatility
10AM.DE vs. XZWG.DE - Volatility Comparison
The current volatility for AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist (10AM.DE) is 0.87%, while Xtrackers II ESG Global Government Bond UCITS ETF (XZWG.DE) has a volatility of 1.43%. This indicates that 10AM.DE experiences smaller price fluctuations and is considered to be less risky than XZWG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 10AM.DE | XZWG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.87% | 1.43% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 2.46% | 2.90% | -0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.62% | 3.87% | -0.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.84% | 6.68% | -0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.37% | 6.68% | -1.31% |
10AM.DE vs. XZWG.DE - Expense Ratio Comparison
10AM.DE has a 0.10% expense ratio, which is lower than XZWG.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
10AM.DE vs. XZWG.DE - Dividend Comparison
10AM.DE's dividend yield for the trailing twelve months is around 2.98%, more than XZWG.DE's 2.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
10AM.DE AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist | 2.98% | 3.02% | 2.83% | 2.63% | 2.09% | 1.72% | 1.87% | 2.05% | 2.27% |
XZWG.DE Xtrackers II ESG Global Government Bond UCITS ETF | 2.58% | 2.53% | 2.56% | 1.74% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
10AM.DE and XZWG.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 10AM.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
10AM.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for XZWG.DE.
10AM.DE tracks Bloomberg Global Aggregate Bond, while XZWG.DE tracks Bloomberg Global Aggregate TR Hdg EUR. They also come from different issuers: Amundi and DWS. Their fees differ too: 0.10% for 10AM.DE and 0.20% for XZWG.DE.
Find the right allocation for 10AM.DE and XZWG.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer